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Mathematics 77 Online
DALTAIE4707:

HELP ME PLZ Use the table below showing the different types of savings accounts a bank offers to answer the question that follows. Standard Savings Money Market Savings High Yield Savings CD Opening Deposit Requirement $25 $100 $25,000 $2,500 Interest Rate Variable Variable Variable Fixed Option to Write Checks yes yes Account Alerts yes yes yes yes Features Up to 6 withdrawals per month Up to 3 withdrawals per month Up to 3 withdrawals per month Penalty if money withdrawn before maturity Monthly Fee $3 per month unless you maintain a $300 balance $10 per month unless you maintain a $3,500 balance $25 per month unless you maintain a $25,000 balance none Christina has $150 to open a savings account. She anticipates withdrawing money from her savings account regularly. Which account is the best choice for Christina? (4 points) a Standard Savings b Money Market Savings c High Yield Savings d CD

supie:

Is this a test question?

Marco13:

Laylalyssa:

Welcome to QC! I dont think were allowed to answer test questions. If you need help with practice then we can help with that but no test questions!

supie:

Yeah, we aren't but he never said it was a test....

Laylalyssa:

true but it looks like a test

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